SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
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Date of Report
(Date of earliest
event reported): June 30, 2000
MURRAY UNITED DEVELOPMENT CORP.
(Exact name of registrant as specified in its charter)
Delaware 33-19048-NY 22-2856177
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(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification No.)
incorporation)
PO Box 224, Landing, New Jersey 07850
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(Address of principal executive offices, including zip code)
(908) 979-3025
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(Registrant's telephone number)
Item 4. Changes in Registrant's Certifying Accountant.
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On June 30,2000, Murray United Development Corp. (the "Company")
dismissed its independent auditors, James P. O'Day, CPA, P.C., and appointed
Albrecht, Viggiano, Zureck & Company, P.C.,as the Company's new independent
auditors effective July 1, 2000. The decision to change accountants was
recommended and approved by the Company's Board of Directors.
The principal accountants' reports on the Company's financial
statements for the past two (2) years did not contain an adverse opinion or
disclaimer of opinion and, except for a modification as to a going concern
uncertainty, were not otherwise qualified or modified as to uncertainty, audit
scope or accounting principles.
During the Company's two (2) most recent fiscal years and any
subsequent interim period preceding the change in accountants, there were no
disagreements with the Company's former accountants on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedure, which disagreements, if not resolved to the satisfaction of the
former accountants, would have caused them to make a reference to the subject
matter of such disagreements in connection with their reports.
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During the Company's two (2) most recent fiscal years and any
subsequent interim period preceding the change in accountants, the Company's
accountants did not advise the Company that internal controls necessary for the
Company to develop reliable financial statements did not exist.
During the Company's two (2) most recent fiscal years and any
subsequent interim period preceding the change in accountants, the Company's
accountants did not advise the Company that information had come to the
accountants' attention that led them to no longer be able to rely on
management's representations, or that made them unwilling to be associated with
the financial statements prepared by management.
During the Company's two (2) most recent fiscal years and any
subsequent interim period preceding the change in accountants, the Company's
accountants did not advise the Company of the need to expand significantly the
scope of their audit, or that information had come to the accountants' attention
during such period that, if further investigated, might materially impact the
fairness or reliability of a previously issued audit report or the underlying
financial statements, or the financial statements issued or to be issued
covering the fiscal period subsequent to the date of the most recent financial
statements covered by an audit report (including information that may have
prevented them from rendering an unqualified audit report on those financial
statements).
During the Company's two (2) most recent fiscal years and any
subsequent interim period preceding the change in accountants, the Company's
accountants did not advise the Company that information had come to such
accountants' attention that they had concluded materially impacted the fairness
or reliability of a previously issued audit report or the underlying financial
statements, or the financial statements issued or to be issued covering a fiscal
period subsequent to the date of the most recent financial statements covered by
an audit report (including information that, unless resolved to the accountants'
satisfaction, would have prevented them from rendering an unqualified audit
report on those financial statements), and due to the former accountants'
dismissal, or for any other reason, the issue had not been resolved to the
accountants' satisfaction prior to their dismissal.
The Company's former accountants have been requested to furnish the
Company with a letter, addressed to the Commission, stating whether the
accountants agree or disagree with the statements made by the Company under this
item. The former accountants' letter is filed as an Exhibit to this Form 8-K in
accordance with paragraph (a)(3) of Item 304 of Regulation S-B.
Prior to the engagement of Albrecht, Viggiano, Zureck & Company on
July 1, 2000, during the Company's two (2) most recent fiscal years and during
any subsequent interim period, neither the Company nor anyone on its behalf has
consulted the Company's newly engaged accountants regarding either the
application of accounting principles to a specific transaction, whether
completed or proposed, or the type of audit opinion that might be rendered on
the Company's financial statements, and neither a written report or oral advice
was provided to the Company that the new accountants concluded was an important
factor considered by the Company in reaching a decision as to the accounting,
auditing or financial reporting issue. During such period, neither the Company
nor anyone on its behalf consulted its new accountants on any matter that was
either the subject of a disagreement or a reportable event as defined in Item
304 of Regulation S-B.
Item 7. Financial Statements, Pro Forma Financial Statements and Exhibits.
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(a) Not applicable.
(b) Not applicable.
(c) Exhibits.
16 Letter Regarding Change in Certifying Accountant.
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SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
MURRAY UNITED DEVELOPMENT CORP.
Dated: June 30, 2000 By: /s/ Dwight Foster
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Dwight Foster
President
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EXHIBIT INDEX
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16 Letter Regarding Change in Certifying Accountant.
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